European Gas Hits 3-Year High With Winter Storage at 13-Year Low
European natural gas prices climbed to their highest level in over 3 years, as renewed US strikes on Iran deepened concerns over prolonged disruption to energy flows from the Persian Gulf. Europe’s benchmark, Dutch front-month futures, surged to 73.85 euros per megawatt-hour in early European trading. It has gained roughly 25% over the past month. The post European Gas Hits 3-Year High With Winter Storage at 13-Year Low appeared first on BeInCrypto.
Key Takeaways
- European natural gas prices climbed to their highest level in over 3 years, as renewed US strikes on Iran deepened concerns over prolonged disruption to energy flows from the Persian Gulf.
- Europe’s benchmark, Dutch front-month futures, surged to 73.85 euros per megawatt-hour in early European trading.
- It has gained roughly 25% over the past month.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Adam Back invests another $8.8 million in Capital B as bitcoin treasury firm targets 3,521 BTC
Capital B raised $8.8 million from Adam Back in a private placement as the French bitcoin treasury firm targets 3,521 BTC.
XRP and bitcoin may be forming the 'Bart Simpson pattern' as prices pull back
Analysts discuss the cartoon-themed price action as prices for major cryptocurrencies wilt.
Adam Back Puts €7.6 Million Into Capital B to Buy More Bitcoin
Adam Back funds a €7.6 million raise, letting the Capital B Bitcoin treasury add 376 coins and target 3,521 BTC. The post Adam Back Puts €7.6 Million Into Capital B to Buy More Bitcoin appeared first on BeInCrypto.